Larry Weinberg is an American real estate developer who was one of the founders of the NBA's Portland Trail Blazers. Weinberg is a US military veteran who served in the US 6th Army Group as and infantry grunt during World War II. He was severely wounded in combat in France and spent over a year recovering in a US military hospital.
In 1970, Weinberg, Herman Sarkowsky, and Robert Schmertz paid $3.7 million to secure an NBA expansion team for Portland. Weinberg became president of the Trail Blazers in 1975, replacing Sarkowsky, who turned his attention to the NFL's Seattle Seahawks. Two years later, the Trail Blazers won an NBA Championship. Weinberg served as team president until 1988, when he sold the team to Paul Allen.
The Trail Blazers honored Weinberg in 1992 by retiring a #1 jersey with his name. Five players have since received permission from Weinberg to wear #1: Rod Strickland, Derek Anderson, Jarrett Jack, Armon Johnson and Ike Diogu.
In addition to his work in basketball and real estate, Weinberg has served as president of the American Israel Public Affairs Committee.[1]
Weinberg is a devoted husband, father of 4, grandfather of 12, and great-grandfather of 3.
| Preceded by Herman Sarkowsky |
Portland Trail Blazers President 1975–1987 |
Succeeded by Harry Glickman |
| Preceded by Herman Sarkowsky |
Portland Trail Blazers majority owner 1975–1988 |
Succeeded by Paul Allen |
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